Ambev reports 8.9% normalized EBITDA growth and 80 bps margin improvement in Q2, reaffirming full-year guidance.
Ambev posted Q2 non-GAAP EPS of R$0.22 and revenue of R$20.15 billion, up 0.3% year-over-year. Consolidated volumes increased 1.4% in the quarter, driving normalized EBITDA growth of 8.9% across all business units.
Normalized EBITDA margin expanded by 80 basis points to 31.6%, reflecting operational efficiency. The company reaffirmed its full-year guidance, signaling confidence in sustained performance amid stable demand.
Shares showed muted reaction in early trading as investors digested the results against modest revenue growth.